Axis Ebitda vs Operating Income Analysis

AXB Stock

67.20 0.20 0.30%

Axis Bank financial indicator trend analysis is way more than just evaluating Axis Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axis Bank is a good investment. Please check the relationship between Axis Bank Ebitda and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Ebitda vs Operating Income

Ebitda vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axis Bank Ebitda account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Axis Bank's Ebitda and Operating Income is 0.98. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of Axis Bank Ltd, assuming nothing else is changed. The correlation between historical values of Axis Bank's Ebitda and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Axis Bank Ltd are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebitda i.e., Axis Bank's Ebitda and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebitda

Operating Income

Operating Income is the amount of profit realized from Axis Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Axis Bank Ltd is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Axis Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axis Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

As of December 3, 2024, Selling General Administrative is expected to decline to about 1.2 B. In addition to that, Tax Provision is expected to decline to about 46.9 B

	2021	2022	2023	2024 (projected)
Interest Expense	349.2B	433.9B	613.9B	644.6B
Depreciation And Amortization	10.5B	131.5B	13.9B	12.2B

Interest Expense Depreciation And Amortization

Axis Bank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Net Receivables	Other Current Assets	Retained Earnings	Other Liab	Net Tangible Assets
Total Assets		0.97	-0.64	0.78	1.0	0.78	-0.39	0.73	0.93	0.43	-0.42	0.95	0.66	0.77	0.8	0.85	0.99	1.0	0.88	0.61	0.78	0.79	0.23	0.96	0.97	0.88
Short Long Term Debt Total	0.97		-0.68	0.82	0.96	0.81	-0.29	0.79	0.9	0.44	-0.43	0.91	0.7	0.75	0.78	0.88	0.94	0.98	0.84	0.65	0.77	0.76	0.35	0.94	0.92	0.83
Other Current Liab	-0.64	-0.68		-0.69	-0.6	-0.6	-0.2	-0.72	-0.58	0.08	-0.09	-0.73	-0.2	-0.53	-0.61	-0.73	-0.61	-0.64	-0.56	-0.14	-0.57	-0.74	-0.34	-0.56	-0.58	-0.64
Total Current Liabilities	0.78	0.82	-0.69		0.74	0.9	0.06	0.98	0.76	0.0	-0.01	0.85	0.3	0.83	0.85	0.96	0.76	0.78	0.49	0.24	0.83	0.88	0.61	0.66	0.66	0.8
Total Stockholder Equity	1.0	0.96	-0.6	0.74		0.75	-0.45	0.69	0.92	0.48	-0.46	0.93	0.68	0.75	0.78	0.81	0.99	0.99	0.89	0.63	0.76	0.77	0.16	0.97	0.97	0.88
Property Plant And Equipment Net	0.78	0.81	-0.6	0.9	0.75		0.0	0.86	0.77	0.14	-0.15	0.8	0.41	0.95	0.93	0.96	0.76	0.78	0.52	0.36	0.93	0.78	0.5	0.66	0.66	0.81
Net Debt	-0.39	-0.29	-0.2	0.06	-0.45	0.0		0.18	-0.38	-0.78	0.77	-0.17	-0.6	-0.07	0.01	-0.01	-0.4	-0.39	-0.54	-0.63	0.02	0.0	0.46	-0.55	-0.51	-0.29
Accounts Payable	0.73	0.79	-0.72	0.98	0.69	0.86	0.18		0.74	-0.11	0.11	0.84	0.21	0.78	0.83	0.93	0.73	0.74	0.41	0.14	0.81	0.88	0.68	0.59	0.6	0.73
Cash	0.93	0.9	-0.58	0.76	0.92	0.77	-0.38	0.74		0.29	-0.27	0.92	0.49	0.76	0.79	0.82	0.94	0.93	0.71	0.45	0.79	0.81	0.35	0.86	0.88	0.83
Non Current Assets Total	0.43	0.44	0.08	0.0	0.48	0.14	-0.78	-0.11	0.29		-1.0	0.12	0.91	0.15	0.09	0.12	0.38	0.43	0.6	0.94	0.08	-0.07	-0.34	0.6	0.48	0.2
Non Currrent Assets Other	-0.42	-0.43	-0.09	-0.01	-0.46	-0.15	0.77	0.11	-0.27	-1.0		-0.1	-0.9	-0.17	-0.09	-0.13	-0.37	-0.41	-0.59	-0.94	-0.09	0.08	0.34	-0.58	-0.46	-0.21
Other Assets	0.95	0.91	-0.73	0.85	0.93	0.8	-0.17	0.84	0.92	0.12	-0.1		0.39	0.79	0.84	0.88	0.96	0.95	0.75	0.33	0.83	0.9	0.37	0.85	0.89	0.9
Cash And Short Term Investments	0.66	0.7	-0.2	0.3	0.68	0.41	-0.6	0.21	0.49	0.91	-0.9	0.39		0.37	0.35	0.42	0.59	0.65	0.75	1.0	0.33	0.16	-0.14	0.79	0.67	0.41
Common Stock Total Equity	0.77	0.75	-0.53	0.83	0.75	0.95	-0.07	0.78	0.76	0.15	-0.17	0.79	0.37		0.98	0.9	0.78	0.77	0.52	0.33	0.98	0.78	0.35	0.64	0.63	0.81
Common Stock Shares Outstanding	0.8	0.78	-0.61	0.85	0.78	0.93	0.01	0.83	0.79	0.09	-0.09	0.84	0.35	0.98		0.9	0.81	0.8	0.53	0.29	0.99	0.81	0.38	0.65	0.65	0.79
Non Current Liabilities Total	0.85	0.88	-0.73	0.96	0.81	0.96	-0.01	0.93	0.82	0.12	-0.13	0.88	0.42	0.9	0.9		0.83	0.85	0.61	0.36	0.89	0.87	0.53	0.74	0.75	0.88
Other Stockholder Equity	0.99	0.94	-0.61	0.76	0.99	0.76	-0.4	0.73	0.94	0.38	-0.37	0.96	0.59	0.78	0.81	0.83		0.99	0.85	0.54	0.8	0.82	0.22	0.94	0.95	0.9
Total Liab	1.0	0.98	-0.64	0.78	0.99	0.78	-0.39	0.74	0.93	0.43	-0.41	0.95	0.65	0.77	0.8	0.85	0.99		0.88	0.6	0.78	0.79	0.24	0.96	0.96	0.88
Property Plant And Equipment Gross	0.88	0.84	-0.56	0.49	0.89	0.52	-0.54	0.41	0.71	0.6	-0.59	0.75	0.75	0.52	0.53	0.61	0.85	0.88		0.72	0.5	0.52	-0.13	0.94	0.94	0.79
Total Current Assets	0.61	0.65	-0.14	0.24	0.63	0.36	-0.63	0.14	0.45	0.94	-0.94	0.33	1.0	0.33	0.29	0.36	0.54	0.6	0.72		0.28	0.11	-0.17	0.75	0.62	0.36
Common Stock	0.78	0.77	-0.57	0.83	0.76	0.93	0.02	0.81	0.79	0.08	-0.09	0.83	0.33	0.98	0.99	0.89	0.8	0.78	0.5	0.28		0.8	0.41	0.63	0.63	0.77
Net Receivables	0.79	0.76	-0.74	0.88	0.77	0.78	0.0	0.88	0.81	-0.07	0.08	0.9	0.16	0.78	0.81	0.87	0.82	0.79	0.52	0.11	0.8		0.44	0.66	0.7	0.86
Other Current Assets	0.23	0.35	-0.34	0.61	0.16	0.5	0.46	0.68	0.35	-0.34	0.34	0.37	-0.14	0.35	0.38	0.53	0.22	0.24	-0.13	-0.17	0.41	0.44		0.05	0.1	0.19
Retained Earnings	0.96	0.94	-0.56	0.66	0.97	0.66	-0.55	0.59	0.86	0.6	-0.58	0.85	0.79	0.64	0.65	0.74	0.94	0.96	0.94	0.75	0.63	0.66	0.05		0.97	0.83
Other Liab	0.97	0.92	-0.58	0.66	0.97	0.66	-0.51	0.6	0.88	0.48	-0.46	0.89	0.67	0.63	0.65	0.75	0.95	0.96	0.94	0.62	0.63	0.7	0.1	0.97		0.88
Net Tangible Assets	0.88	0.83	-0.64	0.8	0.88	0.81	-0.29	0.73	0.83	0.2	-0.21	0.9	0.41	0.81	0.79	0.88	0.9	0.88	0.79	0.36	0.77	0.86	0.19	0.83	0.88

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Axis Bank Account Relationship Matchups

Axis Bank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.3T	10.1T	12.0T	13.4T	15.2T	15.9T
Short Long Term Debt Total	1.4T	1.3T	1.8T	2.1T	2.3T	2.4T
Other Current Liab	(34.1B)	(43K)	(93.2B)	(82.0B)	(36.6B)	(38.4B)
Total Current Liabilities	34.1B	39.0B	46.6B	41.0B	47.1B	25.1B
Total Stockholder Equity	863.4B	1.0T	1.2T	1.3T	1.6T	1.6T
Property Plant And Equipment Net	43.9B	43.3B	46.8B	48.5B	58.4B	29.9B
Net Debt	(7.0B)	238.4B	493.0B	975.1B	(1.4T)	(1.3T)
Accounts Payable	34.1B	39.0B	46.6B	41.0B	36.6B	24.8B
Cash	1.4T	1.1T	1.3T	1.1T	1.4T	1.4T
Non Current Assets Total	46.8B	46.2B	49.7B	51.4B	3.4T	3.6T
Non Currrent Assets Other	(46.8B)	(46.2B)	(49.7B)	(51.4B)	(3.4T)	(3.2T)
Other Assets	9.0T	9.8T	11.6T	12.9T	10.3T	10.9T
Cash And Short Term Investments	208.3B	242.9B	281.5B	522.6B	1.2T	1.2T
Common Stock Total Equity	5.1B	5.1B	5.6B	6.1B	7.0B	4.6B
Common Stock Shares Outstanding	545.0M	596.5M	615.1M	617.6M	620.8M	487.8M
Liabilities And Stockholders Equity	9.3T	10.1T	12.0T	13.4T	15.2T	15.9T
Non Current Liabilities Total	1.6T	1.5T	2.0T	2.1T	2.3T	1.2T
Other Stockholder Equity	586.5B	715.1B	770.4B	814.0B	911.3B	956.8B
Total Liab	8.4T	9.1T	10.8T	12.1T	13.6T	14.3T
Property Plant And Equipment Gross	43.9B	43.3B	113.5B	244.6B	264.8B	278.1B
Total Current Assets	208.3B	242.9B	281.5B	522.6B	1.4T	1.5T
Common Stock	5.6B	6.1B	6.1B	6.2B	6.2B	4.9B
Net Receivables	217.8B	306.1B	441.3B	287.1B	281.5B	197.7B
Other Current Assets	16.7B	9.4B	7.8B	7.5B	2.0B	1.9B
Accumulated Other Comprehensive Income	27.8B	35.1B	43.7B	49.1B	1.6T	1.6T
Retained Earnings	271.3B	314.7B	406.0B	477.7B	652.8B	685.5B
Other Liab	369.8B	357.5B	431.5B	622.0B	715.4B	751.1B
Net Tangible Assets	860.5B	1.0T	1.2T	1.3T	1.5T	883.8B
Short Term Investments	(1.2T)	(860.2B)	(1.0T)	(564.5B)	(215.6B)	(226.3B)
Long Term Investments	1.2T	1.9T	2.7T	2.9T	3.3T	2.0T
Property Plant Equipment	43.9B	43.3B	46.8B	48.5B	55.8B	44.5B
Net Invested Capital	2.3T	2.4T	3.2T	3.4T	3.9T	3.1T
Capital Stock	5.6B	6.1B	6.1B	6.2B	6.2B	6.5B

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Other Information on Investing in Axis Stock

Balance Sheet is a snapshot of the financial position of Axis Bank at a specified time, usually calculated after every quarter, six months, or one year. Axis Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Axis Bank and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Axis currently owns. An asset can also be divided into two categories, current and non-current.

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Axis Ebitda vs Operating Income Analysis

Ebitda vs Operating Income

Ebitda vs Operating Income Correlation Analysis

Correlation Coefficient

Ebitda

Operating Income

Axis Bank fundamental ratios Correlations

Axis Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Axis Bank fundamental ratios Accounts

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Other Information on Investing in Axis Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Other Stockholder Equity	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Total Stockholder Equity

Non Currrent Assets Other	- 1.0	Non Current Assets Total
Total Current Assets	- 0.94	Non Currrent Assets Other
Cash And Short Term Investments	- 0.9	Non Currrent Assets Other
Non Current Assets Total	- 0.78	Net Debt
Net Receivables	- 0.74	Other Current Liab
Non Current Liabilities Total	- 0.73	Other Current Liab